The one where I talk about competitiveness, again. Although we should give kudos to improvements in the bureaucratic side of doing business, we need to also look beyond towards other challenges. Specifically, on driving reforms down towards the state and local governments (hat tip to the NCCN subnational competitiveness index), and towards other factors that count… Continue reading Tackling competitiveness: looking beyond bureaucracy
New publication in the South African Journal of Economics with Johannes Fedderke and Nicola Viegi. The result of months working with administrative tax data. Abstract: This paper uses newly available firm-level tax data to evaluate the market structure in South African manufacturing sectors in the period 2010–2012. To describe the market structure, we compute markups… Continue reading Markups and Concentration in South African Manufacturing Sectors
Just two quick thoughts that have been in my head recently. First, one of the reasons touted by the finance minister for the attempt to switch to external debt is that it is cheaper. On the surface it does seem cheaper. Domestic bonds had yields of between 14 and 16 percent as at last week… Continue reading Are foreign loans cheaper + Is increasing taxes always desirable
The one where I ask if we can demonstrate our democratic credentials and avoid the debt mistakes we made in the 1980s under the military. In the guardian today or online here
My thoughts after attending the Nigerian Economic Society annual conference last week, and a few thoughts on Nigeria’s “improvement” in WEFs recent global competitiveness index. In the Guardian today or online here.
My column in the guardian today on the tactics of the unions and our love for extracting our share of the national cake. In the guardian today or online here. http://guardian.ng/features/asuu-and-the-seasonal-union-shakedown/?F
Quoting a book i’m currently reading: “In a way, [IPOB] is like a fly that tries to destroy a china shop. The fly is so small and weak. It cannot move even a single teacup. So how does a fly destroy a china shop? The fly finds a bull, gets into the ear of the… Continue reading On IPOB and destructive tactics